Land Rover row with KPMG rumbles on
Land Rover has returned to court in a bid to extend its injunction preventing UPF receivers KPMG from halting supplies of chassis for its Discovery car.
Land Rover has returned to court in a bid to extend its injunction preventing UPF receivers KPMG from halting supplies of chassis for its Discovery car.
Yesterday’s move followed the car maker’s failure to reach a deal with KPMG over the supply of chassis from collapsed Midlands car parts supplier UPF, after the receivers’ demanded a £35m goodwill payment.
Land Rover has threatened to halt production of the Discovery if KPMG persists with its demands, a move that would force the motor company to lay off 1,400 workers.
Earlier this month Land Rover secured a temporary injunction, which expires today, forcing KPMG to continue shipping supplies from UPF.
KPMG expected the judgement to be given later today but said it might be held over until early next week.
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